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Consumer index shows buyers have never been as frustrated

Posted at 5:33 PM, Jul 19, 2021
and last updated 2021-07-19 18:55:00-04

CORPUS CHRISTI, Texas — While most people are not happy about high prices right now, they are still continuing to shop.

The University of Michigan's consumer sentiment index finds that people have never been as frustrated as they are now with the prices of homes, cars and appliances.

The index finds that 33 percent of the people say now is not a good time to buy.

However, retail sales grew in June, even as prices went up more than expected.